Ali Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal.

Journalize the following transactions that should be recorded in the cash receipts journal.

Ali Compony uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal, Journalize the following transactions that should be recorded in the cash receipts journal. Novenber 3 The conpany purchased $2,400 of merchandise on credit fron Hart Conpany, terms n/20. Novenber 7 The conpany sold nerchandise costing $633 to 3 . Than for $696 on credit, subject to a $14 sales discount if paid by the end of the month. Novenber 9 The company borrowed $3,350 cash by signing a note payable to the bank. Novenber 13J. Ali, the owner, contributed $4,650 cash to the conpany. Noveaber 18 The company sold merchandise costing $191 to 8 . Cox for $180 cash. Novenber 22 The company paid Hart Company $2,400 cash for the nerchandise purchased on Novenber 3. Novenber 27 The company received $682 cash fron 3 . Than in paynent of the Novenber 7 purchase. Novenber 30 The company paid sataries of $1,200 in cash